Showing 1-10 of 617 results
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Ministry eyes ongoing use of Oil Fuel Fund
Business, Phusadee Arunmas, Published on 24/04/2024
» The Finance Ministry has recommended using the Oil Fuel Fund to sustain the subsidy for retail diesel prices, noting the fund has sufficient capacity to support the government's diesel subsidy programme.
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Diesel subsidy possible if excise tax cut ends
Yuthana Praiwan, Published on 18/04/2024
» The Oil Fuel Fund Office (Offo) says it will continue to subsidise retail diesel prices if the government decides to end the diesel excise tax cut.
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Govt worries over conflict impacts
News, Phusadee Arunmas, Published on 16/04/2024
» The Ministry of Commerce has instructed state agencies to come up with measures to deal with a possible spike in energy prices if the conflict between Iran and Israel escalates.
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Thai fuel usage increases by 4.1%
Business, Yuthana Praiwan, Published on 06/04/2024
» Thailand's total fuel consumption rose by 4.1% to 155 million litres per day (MLD) during the first two months of 2024, in line with economic growth, says the Department of Energy Business.
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Diesel price increasing by 50 satang
Published on 05/04/2024
» Pump prices of diesel will increase by 50 satang a litre on Saturday morning amid rising concern about the cost of subsidising the fuel, said Wisak Watanasap, director of the Oil Fuel Fund Office (Offo).
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Finding new levers for energy subsidies
Business, Wichit Chantanusornsiri, Published on 04/04/2024
» The expiry of the diesel price subsidy programme using the state Oil Fuel Fund on March 31 caused energy authorities to call on the government to change the way it regulates domestic diesel prices.
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Panel unfazed by higher diesel cost
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
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Officials seek rejig of diesel subsidy
Business, Yuthana Praiwan, Published on 30/03/2024
» Energy authorities are planning to ask the government to cap domestic diesel prices without increasing the burden on the dwindling Oil Fuel Fund after the diesel subsidy programme expires on March 31, says the Energy Policy and Planning Office (Eppo).
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Ministry to 'transform' oil prices
Yuthana Praiwan, Published on 26/02/2024
» The state's previous policy to fix the domestic prices of all types of oil will be brought back into use again to help people better avoid daily oil price fluctuations, according to Energy Minister Pirapan Salirathavibhaga's recent interview with a television programme.
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Authorities to discuss Oil Fuel Fund management
Business, Yuthana Praiwan, Published on 13/02/2024
» Authorities will meet within this week to discuss the state Oil Fuel Fund's huge loss incurred by oil and gas subsidy programmes though its financial status remains manageable, says a source at the Energy Ministry.
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